China Leads in Project Spending for Carbon and Graphite for Remaining 2017 Hero Image

Metals & Minerals

China Leads in Project Spending for Carbon and Graphite for Remaining 2017

China claims the lion's share of carbon and graphite project spending of more than $1 billion, with the United States behind, for the rest of 2017.

Released on Thursday, August 03, 2017
Researched by Industrial Info Resources (Sugar Land, Texas)--Globally, Industrial Info is tracking 34 projects for carbon and graphite project starts and finishes, worth $2.9 billion, for the remaining months of 2017. China claims the lion's share, with $1.6 billion in spending on 29 projects, followed by the U.S. with $1.2 billion spending on two projects.

Kicking off this October is China's most expensive carbon and graphite project for the remainder of this year: plans from the the CHALCO Guizhou Branch, a subsidiary of Aluminum Corporation of China, for the $223 million Qingzhen aluminum smelter pre-baked anode carbon plant addition in Weicheng Town, Qingzhen City, which will produce 250,000 tons per year (T/yr) of pre-baked anode carbon material for use in the aluminum smelter. Completion is anticipated by mid-March 2019. For more information, see Industrial Info's project report.

China will wrap up other projects related to pre-baked anode carbon in the fourth quarter in the Xinjiang region. Since the project's initiation in April, Xinjiang Alaer Nanjiang Carbon New Material Company Limited is finalizing the $163 million mechanical completion for a pre-baked anode carbon plant in A-la-erh, Xinjiang by this December to produce 300,000 T/yr of pre-baked anode carbon material.

In addition, the Xinjiang Qiya Aluminum and Power Company Limited is performing a $149 million structural erection for a pre-baked anode carbon plant addition in Changji, Xinjiang, which started in late 2016. As a part of the aluminum smelter's Phase II expansion, the company will construct buildings and install equipment to produce 400,000 T/yr of pre-baked anode carbon material. The project is expected to be completed in mid-October. For more information, see the project reports on the A-la-erh mechanical completion and the Changji addition.

Despite being behind China in overall spending by about $200 million for the remainder of 2017, the U.S. boasts the two most expensive carbon and graphite projects: By the end of this month, Toray Industries Incorporated, a subsidiary of Toray Carbon Fibers America Incorporated (Decatur, Alabama), is set to finish the $600 million Phase I of its carbon fiber manufacturing plant in Moore, South Carolina, which kicked off in 2016. As part of a $1 billion, two-phase project on a 400-acre site, Tory is building its 811,000-square-foot facility to produce 1,800 to 2,000 metric T/d polyacrylonitrile (PAN)-based carbon fiber and prepreg products. Phase I involves a polyacrylonitrile manufacturing process, polyacrylonitrile manufacturing recovery process, carbon fiber-manufacturing process, prepreg manufacturing process, wastewater treatment process and 14 natural gas-fired boilers.

Meanwhile, also in South Carolina, Teijin Limited (Tokyo, Japan) is performing site selection for the $600 million carbon fibers manufacturing plant in Greenwood. Tejin plans to construct its carbon fiber manufacturing facility on 400 acres to produce 3,000 T/yr of carbon fibers (expandable to 20,000 T/yr). Completion is anticipated by mid-March 2019. For more information, see the reports on the Toray addition and Teijin construction projects.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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